Extraordinary measures in extraordinary times – public - EconStor
Lean Times Call for Lean Measures
17
Lean Times Call For Lean Measures Lean Times Call For Lean Measures Presented by: Kaye Woodard, Sensei Kaye Woodard, Sensei How to Measure the Health of Your Business How to Measure the Health of Your Business
-
Upload
kaizen-kaye-llc -
Category
Business
-
view
388 -
download
4
description
In these lean times, is your business getting what it needs to survive?
Transcript of Lean Times Call for Lean Measures
Lean Times Call For Lean MeasuresLean Times Call For Lean Measures
Presented by:
Kaye Woodard, SenseiKaye Woodard, Sensei
How to Measure the Health of Your BusinessHow to Measure the Health of Your Business
Economic Vital SignsEconomic Vital Signs Cutbacks, Healthcare, Jobs Small Businesses ‘Rule’ Vital Signs for Business In these Lean times… will your
business survive?
Lean Times & Vital SignsLean Times & Vital Signs How have you been affected? What does healthy look like? Your vital signs and measures What is normal? What does a healthy
business look like? How do you find the
right balance?
Out of balance…Out of balance…
Balanced BusinessBalanced Business
Business Health Measures
Pressure and Pulse- Speed and Capacity- Seasonal or Cyclical - Heartbeat of the Market- Changes in Demand Levels - Ready for Economic Upturn- What is the Heart of the business?
Business Health MeasuresWeight and Height
- Overweight vs. Lean Business - Reaction to Customer Changes - Flexible- Fast- Capable- Responsive - BMI
Business Health Measures Temperature
- Fever or Hypothermia- ‘Need to know’ basis- Neighborhood gangs
Sugar/Glucose
- High sugar = Diabetes Organ damage- Low sugar = Fainting, dizziness- Sourpuss or Plastic smiles
Return On Investment Business Spending
- HDL – High-$-Lawyers- LDL – Lower-$-Laborers- Tri-Get-er-dones
0
10000
20000
30000
40000
50000
1stQtr
2ndQtr
3rdQtr
4thQtr
HDLLDLTri-G
Achieving Balance
Find the Healthy Balance- No magic pill- Teamwork- Equip the team- Anybody can do it
What is Lean? Simple – Eliminate
Waste! Pioneered by Ford,
perfected by Toyota Engage hearts & minds Tap the brainpower
of the team
Who uses Lean?Who Where What How Much
Gates Corp Jefferson, NC Improve Quality, Delivery, Cost
>$1 Million
Southern Prestige Statesville, NC Achieve AS9100 Certification
$6 Million
Innovative Laminations
New Bern, NC Quality Management System
>$1 Million
Cable Assembly Graham, NC Increase efficiency & productivity
$2.5 Million
United Southern Forest City, NC Reduce scrap, increase volume & revenue
$5 Million
Five Simple Principles
Put Customer First Be Flexible Create Flow Work as a Team Eliminate Waste
Eight WastesDefects
InventoryProcessingWaitingMotion
TransportationOverproduction
-?-
Effective Standards Minimize Waste
Without Effective Standards Lots of things undefined Lots of room for variation Lots of effort & time spent
Wasted time is gone forever
Effective Standards are: Easy to use Simple and concise Very visual
Are You World-Class? Customer Demand Rate Lead Time Cycle Time Takt Time Process Cycle Efficiency Work Standards 5S – Clean & Well-Organized
Want to know more?Want to know more?
C Kaye Woodard, MBA, CLSSS, SSBB, PMPCertified Minority/Women Business Enterprise
Upcoming Courses: kaizenkaye.comWebsite: senseikaye.com
Email: [email protected]: 919-961-6781
